My Mom wants an ATS lease now too. Wondering if she should pull the trigger now or wait until May?

Thank you.

04-24-13, 02:14 PM

Stevo Supremo

Re: Lease now or wait until May? Rebates or incentives?

I wouldn't wait, nothings gonna change model wise in may, but residuals may change and lease rates could go up.

04-24-13, 02:22 PM

73JPS

Re: Lease now or wait until May? Rebates or incentives?

Here in Canada the residuals just went down by roughly $800 last Monday. Incentives may offset this in May, I suppose, but I don't know.

04-24-13, 05:16 PM

Stevo Supremo

Re: Lease now or wait until May? Rebates or incentives?

Quote:

Originally Posted by 73JPS

Here in Canada the residuals just went down by roughly $800 last Monday. Incentives may offset this in May, I suppose, but I don't know.

yeah I heard that, my buddies getting a lease and his rates suck compared to what I got mine for

04-25-13, 11:24 AM

darkom

Re: Lease now or wait until May? Rebates or incentives?

Quote:

Originally Posted by Stevo Supremo

yeah I heard that, my buddies getting a lease and his rates suck compared to what I got mine for

Residuals change weekly? I guess I assumed they changed monthly with the incentives. How much worse off was your buddy?

04-25-13, 12:51 PM

Stevo Supremo

Re: Lease now or wait until May? Rebates or incentives?

well I got mine RWD 2.0 manual for $279/month

my buddy is getting basically the same thing but he's paying $350ish

**keep in mind that I'm in Canada, prices are different here blah blah blah, we both work for GM as well and got emp. discounts

04-25-13, 01:39 PM

73JPS

Re: Lease now or wait until May? Rebates or incentives?

Quote:

Originally Posted by darkom

Residuals change weekly? I guess I assumed they changed monthly with the incentives. How much worse off was your buddy?

Residuals can change any time, I suppose, however this was not a weekly change: they were at a certain level when I ordered my car 8 weeks ago, and then they actually went up about a week later, and they stayed at that number for the last 7 weeks; a few days ago they just went down to below the level they were at 8 weeks ago.

I would certainly consider that if GM acknowledges a decreasing value in the car as it approaches the end of its model year (reflected in the reduced residual), then the consumer should not have to bear the full responsibility of that value decrease: you should therefore be able to offset the front end value by some amount rather than just paying a higher lease payment that absorbs the entire loss of residual cost.